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  1. High earners are being pushed out of various locations due to unsustainable tax structures and economic decline.

A new tax on second homes in New York City doubles property taxes, impacting high-net-worth individuals like Ken Griffin who are tax residents of Florida.

1 report, 1 independent Updated May 28
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A new tax on second homes in New York City doubles property taxes, impacting high-net-worth individuals like Ken Griffin who are tax residents of Florida.

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  1. A proposed property tax hike targets ultra-wealthy individuals in New York City.Sub-event
  2. NYC implements a new second home tax, doubling property taxes and affecting Florida residents.1 source

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